All but one of 5 bank branches go
Bayleys sold 11 properties for $10 million today in the Auckland round of its five-auction Total Property series.
5 Oates Rd, Glen Eden, 11,584mÂ² development site, currently a shopping centre anchored by a 3 Guys with seven specialty shops, $2.25 million.
Caddy Shack Bar & Grill, Station Rd, Manurewa, $245,000 at 18% on rent from next June.
State Insurance Building, Ronwood Ave, Manukau City, $950,000.
ASB Bank, Broadway, Kaikohe, $201,000 at 14.3%.
ANZ Bank, Hinemoa St, Rotorua, $1,825,000 at 10.4%.
BNZ Bank, Great South Rd, Papakura, $945,000 at 13%.
Unit B, 18 Shortland St, travel centre tenant (ex-National Bank building ground floor), $810,000 at 12.3%.
Six strata-titled levels, 109 Queen St, sold before auction for an undisclosed sum.
ANZ Bank, Pollen St, Thames, $787,000 at 9.9%.
Harbour View Cafe on The Esplanade, Whitianga, $430,000 at 6.98%.
Hannahs and Just Jeans stores, Great South Rd, Papakura, $780,000 at 12.2%.
Negotiations are continuing on most of the unsold properties. Top bids on those were:
1 Earnoch Ave, 110mÂ² historical building 100m from Takapuna waterfront, $330,000.
Six sections above golf course, Hibiscus Coast Highway, Orewa, $345,000.
ANZ Bank, Great South Rd, Papatoetoe, $910,000.
11 Hargreaves St, College Hill, 389mÂ² office building, vacant possession, $385,000.
Corner East Tamaki and Preston Rds, East Tamaki, 1027mÂ² site and vacant 140mÂ² showroom, $260,000.
81 Grafton Rd, Grafton, four-level 988mÂ² refurbished office building, $1,105,000.
Unit C, 8 Torrens Rd, East Tamaki, 447mÂ² retail showrooms, half vacant, $370,000.
16-20 New North Rd, Eden Tce, 619mÂ² office and showroom, $630,000.
22 Bell Ave, Mt Wellington, 8858mÂ² high-stud warehouse on new 10-year lease to Phoenix Freight, no bids.
221-225 Hinemoa St, Birkenhead, 729mÂ² showroom/warehouse plus four-bedroom penthouse apartment, $650,000.
Corner Sunnybrae and Archers Rds, Glenfield, 1123mÂ² warehouse and first-floor office, vacant possession, $735,000.
21A Stonedon Drive, East Tamaki, 690mÂ² high-stud vacant standalone factory unit, $302,500.